Nomura Holdings Inc. Purchases 69,946 Shares of Host Hotels & Resorts, Inc. $HST

Key Points

• Nomura Holdings Inc. increased its holdings in Host Hotels & Resorts, Inc. by 67.1%, owning 174,133 shares valued at $2.47 million.
• In the first quarter, several other institutional investors also significantly increased their stakes in Host Hotels, with NBC Securities raising its position by over 185,000%.
• Host Hotels recently reported a quarterly EPS of $0.58, exceeding analyst expectations, and set an FY 2025 earnings guidance between $1.980 and $2.020.

Nomura Holdings Inc. increased its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 67.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,133 shares of the company's stock after buying an additional 69,946 shares during the period. Nomura Holdings Inc.'s holdings in Host Hotels & Resorts were worth $2,474,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC bought a new position in Host Hotels & Resorts during the 4th quarter worth approximately $179,000. BNP Paribas Financial Markets boosted its stake in Host Hotels & Resorts by 19.0% during the 4th quarter. BNP Paribas Financial Markets now owns 956,122 shares of the company's stock worth $16,751,000 after acquiring an additional 152,979 shares during the last quarter. Captrust Financial Advisors bought a new position in Host Hotels & Resorts during the 4th quarter worth approximately $748,000. Brevan Howard Capital Management LP bought a new position in Host Hotels & Resorts during the 4th quarter worth approximately $325,000. Finally, BROOKFIELD Corp ON bought a new position in Host Hotels & Resorts during the 4th quarter worth approximately $16,300,000. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Stock Up 0.1%

NASDAQ:HST traded up $0.03 on Monday, hitting $17.46. 1,955,642 shares of the company's stock were exchanged, compared to its average volume of 9,706,341. The firm has a 50-day moving average price of $16.28 and a 200-day moving average price of $15.41. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.20 and a quick ratio of 2.20. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.36. The company has a market cap of $12.00 billion, a P/E ratio of 18.59 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.51 by $0.07. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The firm had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same period in the previous year, the firm posted $0.57 EPS. The company's revenue for the quarter was up 8.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. As a group, analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, June 30th. Host Hotels & Resorts's dividend payout ratio is 85.11%.

Analyst Ratings Changes

HST has been the topic of several recent analyst reports. Evercore ISI lifted their price objective on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an "outperform" rating in a research note on Monday, July 28th. Wells Fargo & Company lifted their price objective on shares of Host Hotels & Resorts from $18.00 to $19.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 27th. JPMorgan Chase & Co. initiated coverage on shares of Host Hotels & Resorts in a research note on Monday, June 23rd. They issued a "neutral" rating and a $16.00 price target on the stock. Morgan Stanley reissued an "outperform" rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Finally, Stifel Nicolaus boosted their price objective on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a research report on Thursday, July 31st. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, Host Hotels & Resorts currently has an average rating of "Moderate Buy" and an average target price of $17.77.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.